Norsad Capital announces R100mn facility agreement with RH Bophelo

Sub-Saharan African Investment Group, Norsad Capital, has recently finalized a R100 million facility agreement with the listed healthcare provider RH Bophelo to boost its growth prospects. This move aims to enhance access to quality healthcare in second-tier towns and cities in South Africa and potentially expand into neighboring countries. Nathaniel Nieke, the Chief Investment Officer of Norsad Capital, elaborated on the deal, highlighting the social impact and potential growth opportunities it brings. The funding will be directed towards developing new facilities and expanding existing services at RH Bophelo's hospital network to cater to the healthcare needs of underserved communities. Nieke emphasized that this investment is a part of a larger global facility approved for RH Bophelo, signaling a long-term partnership to foster growth and sustainability in the healthcare sector. Additionally, Norsad Capital's investment strategy extends beyond healthcare, covering key sectors like financial institutions, food value chain, social infrastructure, and industrial manufacturing across Sub-Saharan Africa, with a keen eye on opportunities in East and West Africa. The organization's pipeline includes diverse projects ranging from healthcare facilities to financial inclusion initiatives, highlighting their commitment to fostering economic development and social progress across the region.